AURO LABORATORIES LIMITED
Climate Impact & Sustainability Data (2019-03 to 2020-03, 2020-21)
Reporting Period: 2019-03 to 2020-03
Environmental Metrics
ESG Focus Areas
- Conservation of Energy
- Technology Absorption
- Foreign Exchange Earnings and Outgo
- Environment and Safety
- Corporate Social Responsibility
Environmental Achievements
- Continuously taking effective steps to conserve energy and to reduce methane and other Green Houses Gases (GHG) emissions
Social Achievements
- Improving the quality of life in rural area
- Eradicating hunger, poverty and malnutrition
- Promoting healthcare including preventive healthcare
- Promotion of education including investment in technology in schools
- Ensuring environment sustainability including measures for reducing inequalities faced by socially and economically backward groups
- Promoting sports including rural and Olympic sports
- Contribution to funds for promoting technology
- Investing in various rural development projects
- Measures for the benefit of armed forces veterans, war widows and their dependents
- Contribution to the Prime Minister’s National Relief Fund or any other fund setup by the Central Government for development and relief
Governance Achievements
- Implemented a Code of Conduct for adherence by the Directors (including Independent Directors), Senior Management Personnel and Employees
- Adopted a Whistle Blower Policy
Climate Goals & Targets
Environmental Challenges
- The sudden spread of Covid-19 pandemic and consequent Country wide lockdown since end of March 2020 has affected the world economy adversely and has also impacted temporarily your Company’s manufacturing location in the last fortnight of the Financial Year. We were unable to execute confirmed orders that would have brought about more positive results.
Mitigation Strategies
- Work from Home policy was brought in place for your Company’s employees
- The company has made every effort to keep the manufacturing activities on schedule and at capacity while taking all the requisite precautions
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Indian Accounting Standards
Certifications: ISO 9001:2008
Third-party Assurance: KHURDIA JAIN & Co. Chartered Accountants
Reporting Period: 2020-21
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Continuously taking effective steps to conserve energy and to reduce methane and other Green Houses Gases (GHG) emissions
Social Achievements
- Not disclosed
Governance Achievements
- Implemented a Code of Conduct for adherence by the Directors (including Independent Directors), Senior Management Personnel and Employees of the Company.
- Adopted a Whistle Blower Policy
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Rising costs of inputs and services especially shipping costs that will put a strain on margins and earnings.
- Significant competition from other Generic manufacturers both within India and foreign
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Indian Accounting Standards (Ind AS)
Certifications: EUGMP, EDQM Inspected, WHO GMP
Third-party Assurance: M/s. Khurdia Jain & Co. Chartered Accountants
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed